The Bulgarian cabinet increased the allowable 2020 budget deficit to 2.9% of the gross domestic product at an extraordinary video-conference sitting. Shifting from the initially-planned balanced budget to budget deficit aims to finance the extraordinary measures taken to deal with the COVID-19 epidemic. The government debt issuance ceiling increases from EUR 1.1 billion to EUR 5 billion. Since the beginning of 2020 the country issued government bonds to the tune of EUR 400 million and a new tender for another EUR 100 million is scheduled for the beginning of April. The changes adopted by the government will be submitted to Bulgaria’s National Assembly for approval.
On Thursday, the minimum temperatures in Bulgaria will be from 1 to 6°C, in Sofia - 2°C. The temperatures in the valleys will be slightly lower in the morning, where there will be conditions for frost. In the hours before noon, it will still be foggy..
Mariya Gabriel from GERB allegedly tried to have sanctions lifted for Delyan Peevski and other individuals. This took place while she was Deputy Prime Minister and Minister of Foreign Affairs in Nikolay Denkov’s government, said in Parliament Bozhidar..
The ruling parties GERB-SDS, BSP-United Left and ITN signed an annex to their coalition agreement, specifying the rules for the rotation of the Speaker of Parliament. The new mechanism provides for each of the three political formations to nominate its..
The National Assembly has rejected President Rumen Radev's veto on changes to the State Intelligence Agency Act (SIA) and the State Agency Technical..
The Russian Federation has not demonstrated readiness to achieve peace. The Black Sea is a border zone with war. It must have the..
Bulgaria has a higher share of women in science, technology, engineering and mathematics (STEM) fields than the European Union average, according to a..
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